One of the most popular ways to pay off your debt is the Debt Snowball method. You can use the Snowball Calculator to figure out which debts should be paid off first:

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Generally speaking you should attempt to pay off the debts with the highest interest rate first. This calculator allows you to enter up to 20 different debts with their associated APRs, and the total amount you want to spend per month servicing your debts, and it'll work out the order in which you should pay them together with the monthly payments.

Anyone out there actually used the debt snowball method? Let us know your thoughts, good or bad, in the comments.